D-Tools, a Concord, California-based company, secured a $12 million Series C investment. John Heyman, through his new company StellarIQ, led the round. Furthermore, Greybull Stewardship, D-Tools' majority investor, also provided continued support. This D-Tools Series C funding aims to accelerate the company's market position.
The investment further supports D-Tools' mission. It seeks to establish D-Tools as the de facto end-to-end software solution for electronic systems contractors. Moreover, it helps fulfill the company's goal to create cohesion and improve efficiencies within the industry.
This funding fuels D-Tools' quest to be the industry's leading source for data-driven insights. Thus, it reinforces Greybull's long-term commitment.
Strategic Investment Drives D-Tools' AI Expansion
The D-Tools Series C investment further enables the company to integrate StellarIQ's proprietary AI technology. This technology will enhance D-Tools' product suites, including System Integrator and D-Tools Cloud. Consequently, it delivers enhanced functionality and more automated workflows. Intelligent tools will help integration firms operate more efficiently. Additionally, this advanced AI technology powers the growth of D-Tools’ Industry Information & Insights (I3) initiative. This initiative provides market intelligence and analytics for the entire systems integration ecosystem.
StellarIQ, founded by Heyman and Alon Goren, brings significant experience. Previously, they led Radiant Systems to a $1.3 billion acquisition. StellarIQ operates as the parent company of AnswerRocket and Max AI. These entities already deploy generative AI technologies with Fortune 500 companies. This D-Tools Series C round ensures the company remains focused on its ultimate goal. D-Tools aims to become the essential platform for delivering integrated solutions supporting sales, system design, and service. Unlike broader business management software providers like ConnectWise or Accelo, D-Tools focuses specifically on system integrators.
